Micron Technology, Inc. (MU)
Micron Stock Up 8% Since Q4 Earnings: What Should Investors Do Now?
MU's recent gains are promising, but concerns over HBM chip oversupply suggest that one should hold the stock for now.
Here is What to Know Beyond Why Micron Technology, Inc. (MU) is a Trending Stock
Micron (MU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Where Will Micron Stock Be in 2025?
Management envisions a market with increasing demand and decreasing supply, which signals an excellent pricing dynamic.
Great News for Micron Stock Investors
The semiconductor company expects the market for its products to grow nicely in 2025.
3 Reasons to Buy Semiconductor Stocks in October
Semiconductor stocks had a tough summer, but their secular trends aren't going away.
Micron: Bottom Fishing The Buy Signals (Technical Analysis)
We correctly identified Micron Technology's short-term Sell signal and long-term Buy signal, with recent earnings confirming the long-term Buy outlook. The weekly chart shows a switch from a Sell to a Buy signal, with MU outperforming the Index and forming a bullish double bottom. Short term, MU's price is dropping due to day traders filling the gap from panic buying, but we don't expect it to retest the bottom.
Micron Has Significant Upside In The Midcycle
Micron is well-positioned for the next wave of data center buildouts, driven by strong AI training and inferencing demand that outstrips GPU capacity. Management is expanding capacity through new foundries in Idaho & New York and is converting an LCD facility in Taiwan to a DRAM production test facility. HBM capacity is sold out for CY24 and CY25, indicating strong demand, while DRAM and NAND pricing are expected to improve due to balanced supply and demand.
What's Going On With Micron Stock?
The semiconductor company is prepared for the upcoming increase in customer demand.
Should You Buy Micron Stock After the Excellent Earnings Report?
Micron Technology beat expectations and gave an optimistic outlook, making investors excited.
Micron Shares Surge on Outlook, Defying Analyst Expectations. Is the Stock a Buy Now?
Micron reported strong fiscal Q4 results and offered solid Q1 guidance. The company is seeing strong demand for its HBM chips that go into AI chipsets.
Micron: Still Dirt Cheap Despite The Recent Recovery - Upgrade To Buy
MU is inherently undervalued with a promising recovery, driven by the growing demand for AI-related memory products during the data center capex boom. The stock's extremely cheap PEG non-GAAP ratio of 0.18x highlights its compelling investment thesis compared to its sector peers, despite the recent recovery. MU's promising FQ1'25 guidance and the market's long-term growth projections suggest significant upside potential, with the worst of inventory correction well behind us.
Micron: A Huge Buying Opportunity That You Shouldn't Miss
Micron's earnings eased oversupply fears as investors realized they had been too pessimistic. Micron's business cyclicality has heightened fears. However, the AI growth inflection could sustain its current upcycle momentum. MU has highlighted its focus on gaining more share in higher-value segments, underpinning its profitability growth.
